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The price of 380 centistoke (cSt) intermediate fuel oil (IFO) at the port of Fujairah fell for the third consecutive week on Friday, according to Bunker Index price data.

The Fujairah 380 cSt bunker price was down $18.50, or 11.7 percent, to $140.00 per tonne on January 15 compared with $158.50 per tonne the previous Friday.

During the week, decreases of $12.50 and $5.50 and $4.00 - seen on Monday, Tuesday and Thursday respectively - outweighed increases of $1.50 and $2.00 on Wednesday and Friday.

In dollar terms, the $18.50 decrease is the most significant in 4 weeks - since the $19.00 drop in week 51 of 2015. In percentage terms, the 11.7 percent fall is the biggest since the 7-day period ending December 11, when a 14.1 percent decline was recorded.

Please click on the link below to view the latest daily prices for Fujairah.

http://www.bunkerindex.com/prices/portfree_xmdo.php?port_id=214

Please find a summary of end-of-week Fujairah 380 cSt prices below (in US$ per tonne) since the start of 2015.

Fujairah 380 cSt summary:

Date	Week	Price ($)	$ (+/-)	% (+/-)
15/01/2016	Week 2	140.00	-18.50	-11.7
08/01/2016	Week 1	158.50	-0.50	-0.3
31/12/2015	Week 53	159.00	-4.50	-2.8
24/12/2015	Week 52	163.50	+6.00	+3.8
18/12/2015	Week 51	157.50	-19.00	-10.8
11/12/2015	Week 50	176.50	-29.00	-14.1
04/12/2015	Week 49	205.50	-5.50	-2.6
27/11/2015	Week 48	211.00	0.00	0.0
20/11/2015	Week 47	211.00	-14.00	-6.2
13/11/2015	Week 46	225.00	-11.50	-4.9
06/11/2015	Week 45	236.50	-2.50	-1.0
30/10/2015	Week 44	239.00	+2.50	-1.1
23/10/2015	Week 43	236.50	-8.50	-3.5
16/10/2015	Week 42	245.00	-12.50	-4.9
09/10/2015	Week 41	257.50	+23.50	+10.0
02/10/2015	Week 40	234.00	-1.00	-0.4
25/09/2015	Week 39	235.00	+3.50	+1.5
18/09/2015	Week 38	231.50	+1.50	+0.7
11/09/2015	Week 37	230.00	-25.00	-9.8
04/09/2015	Week 36	255.00	+26.50	+11.6
28/08/2015	Week 35	228.50	-6.50	-2.8
21/08/2015	Week 34	235.00	-27.50	-10.5
14/08/2015	Week 33	262.50	-12.00	-4.4
07/08/2015	Week 32	274.50	-10.50	-3.7
31/07/2015	Week 31	285.00	-30.00	-9.5
24/07/2015	Week 30	315.00	+11.00	+3.6
17/07/2015	Week 29	304.00	-11.00	-3.5
10/07/2015	Week 28	315.00	-6.00	-1.9
03/07/2015	Week 27	321.00	-14.00	-4.2
26/06/2015	Week 26	335.00	-10.00	-2.9
19/06/2015	Week 25	345.00	-7.50	-2.1
12/06/2015	Week 24	352.50	+3.50	+1.0
05/06/2015	Week 23	349.00	-18.50	-5.0
29/05/2015	Week 22	367.50	-15.50	-4.0
22/05/2015	Week 21	383.00	-1.50	-0.4
15/05/2015	Week 20	384.50	-5.50	-1.4
08/05/2015	Week 19	390.00	+17.50	+4.7
01/05/2015	Week 18	372.50	+13.50	+3.8
24/04/2015	Week 17	359.00	+8.50	+2.4
17/04/2015	Week 16	350.50	+31.00	+9.7
10/04/2015	Week 15	319.50	+4.50	+1.4
03/04/2015	Week 14	315.00	-15.00	-4.5
27/03/2015	Week 13	330.00	+21.00	+6.8
20/03/2015	Week 12	309.00	-23.50	-7.1
13/03/2015	Week 11	332.50	-30.00	-8.3
06/03/2015	Week 10	362.50	-12.50	-3.3
27/02/2015	Week 9	375.00	-8.50	-2.2
20/02/2015	Week 8	383.50	+18.50	+5.1
13/02/2015	Week 7	365.00	+15.00	+4.3
06/02/2015	Week 6	350.00	+57.50	19.7
30/01/2015	Week 5	292.50	-5.00	-1.7
23/01/2015	Week 4	297.50	+12.50	+4.4
16/01/2015	Week 3	285.00	0.00	0.0
09/01/2015	Week 2	285.00	-28.00	-8.9
02/01/2015	Week 1	313.00	--	--